Savani Financials Ltd — Board Meeting, 05-05-2025: Board Meeting

Savani Financials has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net loss of Rs. 875.60 lakh with earnings per share at Rs. (3.39). Total revenue was Rs. 1,229 lakh, while expenses exceeded income, resulting in a loss before tax of Rs. 883.81 lakh. The company’s net worth stands at Rs. 3,996.48 lakh. The statutory auditors issued an unmodified audit opinion. The Board also approved raising funds through multiple instruments and the issuance of secured non-convertible debentures worth Rs. 15 Cr via private placement. Additionally, 9,60,000 sweat equity shares were allotted to the CEO.